Press Release

By launching a new way for businesses to send and receive money around the world, we’ve got a lot of news and updates to share.

Veem Secures $US 25 Million to Expand Global Payments for Small Businesses

Veem, the fast-growing global payments platform built for small businesses, announced today that it has completed a $US 25 million strategic financing round.

Veem’s financing round was led by Goldman Sachs and included new investors Extol Capital, and a multi-billion dollar international investment fund along with participation from existing investors GV (formerly Google Ventures), Kleiner Perkins, Silicon Valley Bank, Trend Forward Capital, and Pantera Capital. This funding adds to the $US 26 million raised in Series B.

Veem, the global payments company built for small businesses, announced it will be attending the 2018 Internet Retailer Conference and Exhibition, held at McCormick Place West in Chicago, Illinois from June 5 – June 8.

With over 130 educational panels and presentations covering a wide range of topics, the 14th-annual IRCE provides businesses with the knowledge they need to remain competitive in global markets.

Veem Partners with America’s Credit Union

ACU members will have access to the powerful global payments platform

Veem, the global payments provider designed specifically for small businesses, today announced a partnership with America’s Credit Union (ACU). With this partnership, ACU’s 47,000 members will gain access to Veem’s powerful payment platform to send and receive money globally, saving time and money.

Veem Partners with BlueVine to Give Small Businesses Access to Working Capital

Partnership Will Help Businesses Pay International Suppliers and Vendors

Veem, the first global payments platform to use blockchain, today announced a partnership withBlueVine, a leading provider of working capital financing to small and medium-sized businesses, that will allow Veem’s US-based clients to finance their cross-border and domestic payments, and get access to working capital for everyday business expenses.

Veem Announces First Round of API Partners

From virtual reality platforms to accounting software, Veem corners the international business payments market

Following the successful launch of Veem’s API in late 2017, the first global payments platform to use blockchain, is proud to highlight the initial group of partners integrating global payment capabilities into their offerings. Veem’s API is easy to use and can be integrated with any type of technology platform. The first companies to use the API demonstrate just that by integrating with accounting software, hiring platforms and even virtual reality companies.

Veem Partners with Autoentry to Eliminate Data Entry

Accountants and bookkeepers go from invoice to payment in a matter of minutes

Veem, the first global payments platform to use blockchain, today announced a partnership with Autoentry, the automated data entry software provider. The two companies will work together to deliver a seamless experience from invoice to payment, saving businesses time and money.

Veem Partners with Cin7 to Better Manage Inventory and Payments

Veem, the first global payments platform to use blockchain, today announced a partnership with Cin7, the connected, integrated inventory software that centralizes all channels, 3PLs and warehouses and automates fulfillment. The partnership will allow Cin7 platform users to pay their suppliers in 60 countries online using the Veem payment network.

Veem Creates International Business Guides To Help SMBs Compete on Global Level

Veem, the first global payments platform to use blockchain, today announced the release of comprehensive international business guides to help small and medium businesses (SMB) navigate the challenges of doing business on a global scale. With a commitment to small businesses, Veem has created guides for 34 countries including China, Mexico, and France to empower businesses with the information they need to succeed.

Future Generation of Business Leaders Not Excited About ‘America First’

Veem finds that many Millennial business leaders are already global and plan to continue doing business internationally

According to a recent online survey conducted by Ipsos on behalf of Veem, the leading multi-rail global payments platform for businesses, the future generation of business leaders is global in nature and intent on running their businesses beyond the US borders.

Veem Launches API to Revolutionize Global Payments

Developers Can Now Build on Powerful Payments Platform that Leverages Multi-Rail and Blockchain Technology.

Veem, the first global payments platform to use blockchain, today announced the launch of its API. This is the first API designed for the unique needs of businesses that send and receive international payments, a breakthrough that will be a big leap forward for the growing legions of businesses with global partners.

Veem Achieves ‘Built for NetSuite’ Status

Global payments pioneer Veem announced today that its Veem SuiteApp has achieved ‘Built for NetSuite’ status. A global payments platform used by over 40,000 businesses, the Veem SuiteApp, built using Oracle NetSuite’s SuiteCloud platform, enables customers to cost effectively send international transfers to over 60 countries worldwide from within NetSuite.

Global Payments Veteran Frederick Crosby Joins as CRO/CMO

Align Commerce Establishes U.S./Mexico Payments Corridor

Next-generation global payments provider Align Commerce today announced the establishment of its U.S./Mexico corridor to allow businesses in both countries to easily send and receive payments across the border.

Align Commerce Halves Cost and Time of Transactions in $24 Trillion International Payments Market

Align Commerce, a next-generation global payments provider, announced today a public beta of its innovative payments platform, the first in the industry to use the blockchain to enable faster, less expensive global transactions.